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Scott Bessent Accuses IMF and World Bank of ‘Mission Creep’
Treasury Secretary Scott Bessent argued in a speech that the multilateral economic institutions have veered away from their missions.
Bessent Accuses IMF and World Bank of ”Mission Creep”
Treasury Secretary Scott Bessent argued in a speech that the multilateral economic institutions have veered away from their missions.
BP shares jump as activist investor Elliott discloses stake build
The BP logo is displayed outside a petrol station that also offers electric vehicle recharging, on Feb. 27, 2025, in Somerset, England. Anna Barclay | Getty Images News | Getty Images BP shares jumped on Wednesday after activist investor Elliott went public with a stake of more than 5% in the struggling British oil major,…
Corporate Sustainability Is in Crisis. What Should Companies Do Now?
After much progress over the last two decades, corporate sustainability is at a crossroads. A shifting political landscape—intensifying rivalry between nations, increasing social polarization, and a populist backlash against sustainability efforts—is radically redefining the conditions under which corporations must survive and thrive.
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Trump’s Trade War With China Puts Japan in a Tight Spot
As Washington and Beijing wage an intensifying trade war, Japan is caught in the middle of the fight. Japan sells a large amount of cars to the United States, and computer chips and chip-making equipment to China. For the past two decades, the United States and China have alternated as the top destination for Japanese…
An Army of Robots Is China’s Weapon in Trump’s Tariff War
Enormous investments in factory equipment and artificial intelligence are giving China an edge in car manufacturing and other industries.
IMF cuts 2025 growth forecast for major Asian economies
A security guard stands outside the building near signs advertising the International Monetary Fund/World Bank Spring Meetings in Washington, DC, on April 17, 2025. Jim Watson | AFP | Getty Images The International Monetary Fund on Tuesday downgraded its growth forecasts for major Asian economies in 2025, citing trade tensions and “high policy uncertainty.” The…